This was a very qualified tenant with great references and verified previous landlords.   

One bad tenant or an unexpected roof leak can decimate your return.2) The biggest determinate of an investment's success is property manager (also referred to as operator).

But refer back to my first few sentences, lol. 

Thanks for the input, so....For the sake of easy math, motivated seller house ARV is 100k.

Hey everyone, looking for a reference for a solid real estate lawyer in Northern Mass. 

I'm in Mississippi and section 8 is pretty easy to deal with here. 

Flipping can be a very cash intensive sport, and it is easy as a newbie to go over budget.

Networking groups are also a great way to gain exposure.Break through the “Rookie Wall”This sports metaphor refers to first-year players who suddenly stop having the kind of success they did before they made it to the professional level.

This is referred to as the  After Repaired Value (ARV). 

Trust me, investing profitably ain't as easy as it seems on the HGTV shows.